ZLINES...

[arkan1976]

Hey Arkan.

If you dont mind I will join your thread so we can learn together.

I will share my personal experience and struggles:

I understand the concept of Zline/ MOMO/ Breakout., I see them on the chart, but I dont have the patience to wait.
Many times I take good trades, then lose it all forcing other trades instead of waiting for the set ups I know I have the most chances of winning. I have posted good trades on my thread. Had good runs, then *censored - swear word* it up, and lost motivation to post.

In my personal journey. Learning to wait and trade has been a bigger struggle.

MAXIMAL

hey MaximalEffort ,
On the contrary, I need people like you by my side, it will be a pleasure to participate in the thread, thank you very much

[arkan1976]

ZL is the concept that you start from the place of 'how are people going to give back their profit' in order to see how you can profit & it is simply the non-movement that is behind any move from which a person might have an expectation of greater profits.

Below is a picture of the ZL as it was originally taught:

ZorN.png

Here are more recent examples of the ZL:

ZL.png

Now you can see why MO has always hated the indicator that you are using
they are not z-lines.

Hello IgazI ! thanks , im deleting the indicator hehehehhe

[arkan1976]

one correct !

[arkan1976]

eurjpy 1h

[arkan1976]

audusd try again

[Mira]

I don't know if it's me that i never learned or if Zlines ARE frustrating: the more you focus on a pattern (let's say a "shape"), the more you fail.
Think about it.. everybody can see a pattern! Everybody can see a 2x bar or a BO/BI, but if they trade them blindly they will lose.

Then if you can give a strong context to your zones the story changes, i.e.:

- look for zlines pushing away from a bigger S/R
- look for zlines pushing away from bigger tf zlines
- look for zlines forming at new extremes
- look if opposite momentum is increasing
- look for any kind of confluence
- look if your momentum already hit the target and so on


Again.. i dont' know if i'm wrong or not.. but i'm sure that you know that the shape is just a recipient.

Let me know if it helps

[arkan1976]

I don't know if it's me that i never learned or if Zlines ARE frustrating: the more you focus on a pattern (let's say a "shape"), the more you fail.
Think about it.. everybody can see a pattern! Everybody can see a 2x bar or a BO/BI, but if they trade them blindly they will lose.

Then if you can give a strong context to your zones the story changes, i.e.:

- look for zlines pushing away from a bigger S/R
- look for zlines pushing away from bigger tf zlines
- look for zlines forming at new extremes
- look if opposite momentum is increasing
- look for any kind of confluence
- look if your momentum already hit the target and so on


Again.. i dont' know if i'm wrong or not.. but i'm sure that you know that the shape is just a recipient.

Let me know if it helps

To be honest, the zlines have made me feel like I'm stupid, apparently so simple but I've never managed to be consistent. what has made me move forward is to see how people in this forum have become very profitable and master this method very well. I have done everything possible to understand the zlines, I have spent whole nights studying and seeing examples of traders earning hundreds of pips, while I am not able to do 10 pips a day consistently. I am struck by your new approach, could you give some example?
thank you very much friend.

[arkan1976]

finally I have recovered what was lost.

[Mira]

I don't know if it's me that i never learned or if Zlines ARE frustrating: the more you focus on a pattern (let's say a "shape"), the more you fail.
Think about it.. everybody can see a pattern! Everybody can see a 2x bar or a BO/BI, but if they trade them blindly they will lose.

Then if you can give a strong context to your zones the story changes, i.e.:

- look for zlines pushing away from a bigger S/R
- look for zlines pushing away from bigger tf zlines
- look for zlines forming at new extremes
- look if opposite momentum is increasing
- look for any kind of confluence
- look if your momentum already hit the target and so on


Again.. i dont' know if i'm wrong or not.. but i'm sure that you know that the shape is just a recipient.

Let me know if it helps

To be honest, the zlines have made me feel like I'm stupid, apparently so simple but I've never managed to be consistent. what has made me move forward is to see how people in this forum have become very profitable and master this method very well. I have done everything possible to understand the zlines, I have spent whole nights studying and seeing examples of traders earning hundreds of pips, while I am not able to do 10 pips a day consistently. I am struck by your new approach, could you give some example?
thank you very much friend.

I'm glad to help!

BTW i felt the same.. and sometimes i STILL feel the same but one time MO told me: perfection is not a destination, is a path!
Never give up and we'll get there!!

Just place on the chart some major S/R (most of the times they are spaced the same), here i used big candle closes:

1.png (38.94 KiB) Viewed 3703 times

Then drop 2 tfs and watch how price reacts around your lines. ATM i like taking two closes and wait for a momentum to break in the opposite direction (a sort of Fat Cat, nothing of my property lol).. but every method is the same as long as price reaches the S/R with momo, stops a little and then reverse with momo. Wait for a wick and take profits when you can.

2.png (50.53 KiB) Viewed 3703 times

[Jalarupa]

Honestly,

The only way to trade a zline is the dragon, espip, alias, doji way... First explained to everyone by MO...

Anything else will not work with the same consistency...

If you are learning take it slow... Focus on one or two pairs at most at a time and take zlines on smaller time frames in the direction of profit out of an area of supply or demand...

I still use them in all my trades... To evaluate price structure and for entries and exits...

Most powerful stuff around